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  • Jobs slump as economy ‘held up by uncertainty’

    Economics

    The UK jobs market has been handed another blow as businesses ditch permanent hires as the economy battles against domestic and international uncertainty. The latest jobs report from KPMG and REC, the professional body for recruiters, showed hiring for permanent places dropped to a reading of 44.1 in May, which sits below the neutral 50 [...]

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  • Preferred site for Smithfield and Billingsgate markets confirmed

    Retail

    The controversial relocation of the centuries-old Smithfield and Billingsgate markets is one step closer to completion, after traders and local authorities earmarked a new site in east London’s Royal Docks for both markets to set up together. The City of London Corporation, Greater London Authority (GLA) and representatives for the iconic markets’ traders identified a [...]

    LONDON, ENGLAND - FEBRUARY 14: A worker pushes newly-delivered pork into a wholesale butchers at Smithfield Market on February 14, 2023 in London, England. Central London's Smithfield meat market, which dates from the 10th century, will relocate to a purpose-built site in Dagenham as part of a 1 billion GBP project to combine the city's wholesale markets under one roof. The vacated area will house the re-located Museum of London. The move from Smithfield faced opposition from meat traders, who had threatened to invoke a royal charter to remain at the site. However, the new market is expected to bring 2,700 new jobs to the borough of Barking and Dagenham. (Photo by Carl Court/Getty Images)

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